ARM makes headway in non mobile markets
ARM is continuing to gain share in non mobile end markets, according to its latest financial statement, with shipments of ARM based microcontrollers growing by more than 130% year on year.
It says this growth looks set to continue, with Freescale and NXP both announcing Cortex based microcontrollers recently and Actel and Xilinx launching new product lines based on Cortex processors.
In its statement, ARM claimed Q2 revenues of £100million, a 54% increase on the £64.8m of the same quarter in 2009. This resulted in a profit before tax of £43.5m.
"We are pleased to report strong underlying revenue and profit performance in the first half, in improved trading conditions compared with one year ago," said ceo Warren East. "Our strategy remains on track for growth in mobile, non mobile and new technology outsourcing. Major semiconductor vendors and consumer electronics companies are making long term commitments to using ARM technology in their future products … which will further increase ARM's market penetration and royalty potential."
The second quarter saw 17 processor licenses signed, including the multiyear deal inked by Microsoft. Of these, 11 were for Cortex processors, including six new licenses for the Cortex-M core for use in mcus.
